Breakup or bankruptcy for GM's future?

[Smitty]

an excellent article on the possible future for GM

http://asia.businessweek.com/magazine/content/05_19/b3932001_mz001.htm

and its grim......
Breakup or bankruptcy are the ghosts of GM's future. They become much more substantial threats if current management can't deliver on its promised turnaround over the next couple of years -- or if the board doesn't find someone who has a better idea of how to deploy GM's $468 billion in assets.

It was a former General Motors chief -- the legendary Alfred P. Sloan Jr. -- who foresaw the problems that are now tying his company in knots. "Any rigidity by an automobile manufacturer, no matter how large or how well established, is severely penalized in the market,"

[VX2VESS]

pick what they do well and only do that is a good idea.

to many model variations, a problem we also have here. unions well they don't help with change, companies have to change these days...

[Ghia351]

an excellent article on the possible future for GM

http://asia.businessweek.com/magazine/content/05_19/b3932001_mz001.htm

and its grim......
Breakup or bankruptcy are the ghosts of GM's future. They become much more substantial threats if current management can't deliver on its promised turnaround over the next couple of years -- or if the board doesn't find someone who has a better idea of how to deploy GM's $468 billion in assets.

It was a former General Motors chief -- the legendary Alfred P. Sloan Jr. -- who foresaw the problems that are now tying his company in knots. "Any rigidity by an automobile manufacturer, no matter how large or how well established, is severely penalized in the market,"

Thanks for the ref to a well written article....btw what don't you read and how do you get the time...I haven't forgotten the coffee offer, just need friggin' time to make the call...